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5 Best Bankruptcy Lawyers in Canada to Help in Financial Recovery
Filing for bankruptcy is not easy. There are many facets to it and you don’t want to miss anything that could make matters worse.
We all know it’s a stressful situation no one willingly wants to be in, but it’s not a death sentence. If you’re filing for bankruptcy, you can have the right people who will help you navigate the process to protect your rights.
Don’t go at it alone. We’re here to help. We did the research and gathered the best bankruptcy lawyers in Canada who will be there with you to make filing not so stressful.
1. Devry Smith Frank LLP
Practice Areas: Bankruptcy and insolvency, business and corporate services, commercial litigation, commercial real estate, criminal law, etc.
Location: 95 Barber Greene Rd #100, Toronto, ON
Contact: 416-449-1400, 416-449-7071
Business Hours:
- Monday – Friday: 9:00 am – 4:30 pm
Google reviews score | 4.4/5 |
Facebook reviews score | 4.4/5 |
Total reviews | 5/5 |
Score consistency | 4/5 |
Qualifications | 5/5 |
Expertise | 5/5 |
Specialization | 5/5 |
Approach | 5/5 |
Availability | 5/5 |
Rates (A higher score means better value) | 4/5 |
One of our trusted bankruptcy law firms in Canada is right in Toronto. Devry Smith Frank LLP has over 55 years of experience in the industry and conveniently has various offices in the GTA.
It impressed us that they’re an award-winning firm, receiving the Consumer Choice Award not once, but four times.
When we inquired, we learned that they have six bankruptcy lawyers based in Toronto alone. It’s very convenient as it allows you to find the right match based on your case.
One of the things we like is they specialize in bankruptcy and insolvency and cater to individual and corporate clients, making them accessible to many.
Plus, their expertise leads them to work on simple and complex cases. During our research, we found that their team developed strategies to find the most suitable resolution.
However, the clients we spoke with mentioned that their fees were not the cheapest. But they did provide cost-effective solutions.
Pros
- Has multiple offices in the GTA
- Award-winning law firm
- Provides cost-effective solutions
Cons
- Pricey service
Great service and attention to detail
“Joke Vogl and his team are really lovely, incredibly helpful, and skilled in guiding us on our legal needs. We contacted them about drafting a special agreement for us, which was completed in quick time. In the process, they helped us realize some gaps, helped us address and resolve them, and were an absolute pleasure to deal with at every step. Thank you for all your help Jake, Elli and the team! I gladly recommend you to anyone in need of a small business lawyer!”
Zoe T, Google Review
Exceeds expectations
“I am very satisfied with the very timely and compassionate help and advise I always receive from lawyer Ms. Zakiya Bhayat and her team. Over the last 5 months that I have had the chance to receive their legal services, I can confidently say that their service exceeds my expectations. Ms. Bhayat is is very knowledgeable and professional at her work.
I strongly recommend DSF LLP and lawyer ZB specifically.”
2. SN Law Office
Practice Areas: Adoption, bankruptcy and insolvency, business and corporate law, residential real estate, family law, business incorporation and commercial law, etc.
Location: 10328 81 Ave NW Suite 308, Edmonton, AB
Contact: 780-250-6666
Business Hours:
- Monday – Friday: 8:30 am – 4:30 pm
Google reviews score | 4.5/5 |
Total reviews | 3/5 |
Score consistency | 4/5 |
Qualifications | 5/5 |
Expertise | 5/5 |
Specialization | 5/5 |
Approach | 5/5 |
Availability | 4/5 |
Rates (A higher score means better value) | 5/5 |
One of our picks is Edmonton’s SN Law Office because they’re a full-service law firm, which gives them the advantage of overseeing all aspects of a case. They’re very experienced as well, having 20 years of experience in the industry.
They have many areas of practice, which include bankruptcy and insolvency. What makes them accessible is they cater to individuals and corporations facing bankruptcy problems.
It’s also incredible that they stick to working on cost-effective strategies as much as possible. The clients we talked with appreciated those during their financial difficulties.
Another thing we learned during our surveys is their bankruptcy lawyers were very involved throughout the case. Clients even applauded them for being responsive all the time.
Unfortunately, that was not the same experience when we first inquired because we received a response a few days late. But better late than never, eh?
Pros
- Caters to individuals and corporations
- Provides cost-effective strategies
- Lawyers are very involved
Cons
- Instances of late inquiry response
Exceptional from start to finish
“I had the privilege of using this law firm to represent my dad as he had gone through a bankruptcy. Soni Nayak was my dads lawyer and she was phenomenal throughout the whole process and her whole team was there to answer any questions we had. I would highly recommend her and her team in the near future for anyone looking for an experienced lawyer when it comes to bankruptcy cases. Thank you for helping our family.”
Monty, Google Review
Very professional and supportive
“SN Law firm has been a great help to me. They have been very professional, helpful, and supportive. Soni is a fantastic lawyer and an amazing person to work with. I’m highly impressed with her knowledge and skills. I would definitely recommend this firm. Good luck!!!”
Keyur Shah, Google Review
3. Merovitz Potechin LLP
Practice Areas: Dispute and litigation, employment law, insolvency and collections, real estate, business law, wills, trusts and estates
Location: 1565 Carling Ave #300, Ottawa, ON
Contact: 613-563-7544
Business Hours:
- Monday – Friday: 9:00 am – 5:00 pm
Google reviews score | 4.8/5 |
Total reviews | 4/5 |
Score consistency | 5/5 |
Qualifications | 5/5 |
Expertise | 5/5 |
Specialization | 5/5 |
Approach | 5/5 |
Availability | 4/5 |
Rates (A higher score means better value) | 5/5 |
One of the mainstays in Ottawa is Merovitz Potechin LLP, which first opened in 1976. The firm now has 18 lawyers and 40 support staff—successful expansion, eh?
We like that they’re a multi-service firm because they cater to a diverse range of practice areas. That includes insolvency and collections, where they handle personal bankruptcy and business insolvency.
That means they accept individuals and businesses as clients, which makes them accessible. It’s also convenient they don’t work with one group only since they handle cases for debtors, creditors, and trustees.
During our surveys, we learned that they handle simple and complex cases. Some law firms have even referred their own clients to Merovitz Potechin LLP, which is very impressive.
We’re just iffy that we encountered a late response to our previous inquiry. But maybe it was a busy day because their staff is very responsive now.
Pros
- Has a large team
- Handles simple and complex cases
- Works with debtors, creditors, and trustees
Cons
- Past issue with late response
Clear communication
“Several members of this firm worked together to solve our problems with a successful outcome. Their communications were clear and helpful. We are all grateful for their skill and expertise.”
Marion Voytinsky, Google Review
Quick to address concerns
“I had a great experience with Mr. Merovitz and his colleagues. We had quite a complicated case at hand and he answered my questions and concerns thoroughly and quickly. He was very kind and understanding with all of my concerns and helped me out a long the way. We are so grateful to have had a chance to work with this firm. I highly recommend this firm and their great team.”
Leeah Evans, Google Review
4. Fillmore Riley LLP
Practice Areas: Banking and financial, bankruptcy, insolvency and restructuring, employment and labour law, etc.
Location: 360 Main St #1700, Winnipeg, MB
Contact: 204-956-2970
Business Hours:
- Monday – Friday: 8:00 am – 5:00 pm
Google reviews score | 4.1/5 |
Total reviews | 3/5 |
Score consistency | 4/5 |
Qualifications | 5/5 |
Expertise | 5/5 |
Specialization | 5/5 |
Approach | 5/5 |
Availability | 4/5 |
Rates (A higher score means better value) | 5/5 |
Fillmore Riley LLP is a full-service Winnipeg law firm that has been around since 1883. Clearly, they’ve become a pillar in the local community, one of the reasons we picked them.
It’s incredible how vast their experience is by practicing in many areas of law, including bankruptcy, insolvency and structuring. Their experience in banking is also a plus, considering they’ve represented major chartered banks.
Because of that, we think they’re ideal for corporations filing for bankruptcy. With over a hundred years of experience in the field, we’re confident they can manage big cases well.
We also like how they go above and beyond for clients. Based on our surveys, their lawyers even answered emails after work hours.
They’re also known for not sticking to cookie-cutter solutions. Their bankruptcy lawyers have provided customized strategies to previous clients to achieve the most effective solution.
It’s just a bummer that no one answered when we called. But their email responses to us have been quick.
Pros
- Open since 1883
- Ideal for commercial financing
- Doesn’t do cookie-cutter solutions
Cons
- Instances of unresponsiveness
Goes above and beyond
“Sofia is incredible at her job. She goes above and beyond to help her clients. Sofia is clear with her information, she is continuously communicating until you fully understand what’s needed of you, she’s patient, but most importantly she will support you until the job is completed.
I highly recommend.”
Jamar Dixon, Google Review
Very professional
“I would highly recommend this firm for any legal needs. They are highly professional, efficient and have always gone above and beyond our expectations. We have used Lindsay Martens multiple times and appreciate her hard work and dedication that she provides to her clients. Thanks for the great work!!!”
Darby Hopkins, Google Review
5. Watson Goepel LLP
Practice Areas: Business law, employment law, family law, bankruptcy and insolvency, commercial litigation, etc.
Location: 1075 W Georgia St Suite 1200
Contact: 604-688-301
Business Hours:
- Monday – Friday: 8:00 am – 5:00 pm
Google reviews score | 4.3/5 |
Total reviews | 2/5 |
Score consistency | 4/5 |
Qualifications | 5/5 |
Expertise | 5/5 |
Specialization | 5/5 |
Approach | 5/5 |
Availability | 5/5 |
Rates(A higher score means better value) | 4/5 |
Conveniently located in the business district, Watson Goepel LLP is an accessible law firm for Vancouver residents. We were glad that they even have two locations: downtown and west Vancouver.
One of their specializations is litigation and dispute resolution, which is very helpful if your bankruptcy case needs to be litigated. We like that they also handle debtor and creditor cases, which gives them plenty of experience in both parties.
During our inquiry, we found out that they accept individuals and corporations as clients, which gives them a wider clientele.
Plus, it was impressive that they have a large team of lawyers. Their bankruptcy lawyers can even work on simple and complex cases.
When we spoke to previous clients, we learned that their lawyers were very supportive, a useful trait during a stressful situation.
Their clients didn’t even mind that they were not the cheapest because the quality of service they received was impeccable.
Pros
- Caters to individuals and corporations
- Has a large team of lawyers
- Conveniently located
Cons
- Rates are a tad higher
Responsive team
“I’ve known a few of the employees at Watson Goepel for years. I highly recommend this firm to anyone looking for legal advice in many areas. They are quick to respond to emails and are very professional and supportive when it came to my legal needs. I would definitely call Watson Goepel again with any legal matters I may have.”
CHRIS ANDERSON, Google Review
Supportive lawyers
“Supportive and responsive team, provided guidance as needed and were easy to contact and speak to. This process would have been overwhelming without Janet and her team.”
Khojesta Hamid, Google Review